GEA Announces Board Changes and CEO's Remarkable Success
GEA, a leading provider of equipment for the food and pharmaceutical industries, has announced significant changes to its board and management structure. Prof. Dieter Kempf, the current supervisory board chairman, has been proposed for re-election until 2027. Meanwhile, the board will expand, and the company's CEO, Jürgen Klebert, has seen remarkable success since taking office in 2019.
GEA's supervisory board chairman, Prof. Dieter Kempf, has been nominated for re-election until the annual general meeting in 2027. This comes as the board prepares for expansion, growing from three to six members starting in 2026. The change aims to dissolve certain management bodies below the board, streamlining the company's structure.
Under Klebert's leadership since 2019, GEA has seen impressive growth. The company's market value has almost tripled, reaching around €10.5 billion. This success is reflected in the company's stock price, which has increased by nearly a third this year. In 2021, GEA generated approximately €5.4 billion in sales, demonstrating its strong performance in the stock market.
With Prof. Dieter Kempf's re-election proposal and the expansion of the board, GEA looks set to continue its successful trajectory in the stock market today. The company's focus on the food and pharmaceutical industries, coupled with its strong leadership, has led to significant growth and a robust market position. As GEA moves forward, it will continue to specialize in equipment for these sectors, employing over 18,000 people worldwide.
